Emami Paper Mills Ltd. — AGM Information 2021

Aug 27, 2021

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EPML/BSE_NSE/2021-22/ 27th August. 2021

To The Secretary, BSE Limited, Floor 25,Phirozee JeeJeebhoy Towers, Dalal Street, Mumbai - 400001 Scrip Code : 533208

To The Secretary, National Stock Exchange of India Limited, Bandra Kurla Complex Bandra (East) Mumbai - 400061 NSE Symbol: EMAMIPAP

Dear Sir/Madam,

Sub: Proceedings of the 39th Annual General Meeting of the Company held on Friday, 27th August 2021 - Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations")

Pursuant to Regulation 30 and other applicable regulations, if any, of SEBI Listing Regulations we are enclosing herewith a summary of the proceedings of the 39th Annual General Meeting (AGM) of the Company held on Friday, the 27th August, 2021 at 11:00 a.m. held through Video Conferencing/Other Audio Visual Means.

Kindly take the same on record.

Thanking you,

Yours faithfully, I

For Emami Paper Mills Limited,

Kol-107

Debendra Banthiya Company Secretary M.No.F-7790

Enclosed: As Above

cmami paper mills limited *

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Summary of proceedings of the 39th Annual General Meeting of the Shareholders of Emami Paper Mills Limited held on Friday. 27th August. 2021.

The 39th Annual General Meeting ("39th AGM" or "AGM" or "the meeting") of the Shareholders of Emami Paper Mills Limited ("the Company") was held on Friday 27th August, 2021 at 11.00 a.m., through Video Conferencing ("VC")/Other Audio Visual Means ("OAVM") in accordance with the circulars issued by the Ministry of Corporate Affairs ("MCA") and the Securities and Exchange Board of India ("SEBI").

At the outset, Shri Debendra Banthiya, Company Secretary extended a warm welcome to the Shareholders present at the meeting and communicated the general instructions to the Shareholders present regarding participation and voting at the Meeting. He requested the Shareholders to join the meeting through electronic devices and also informed that as the meeting is convened as per the circulars issued by MCA & SEBI due to COVID 19 the facility to appoint proxy by the Shareholders is not applicable in the meeting.

He further informed all the Shareholders have been kept on mute. Only those Shareholders who have registered themselves as speaker Shareholders will be unmute & allowed to speak and participate in the discussions on the items of business once the Chairman will invite them. He then handed over the proceedings to the Chairman.

Shri Aditya V. Agarwal, Executive Chairman of the Company, presided over the Meeting.

The Chairman welcomed all the Shareholders and confirmed that the requisite quorum was present and called the meeting to order. Thereafter, the Chairman informed that in compliance with the provisions of the Companies Act, 2013, the SEBI (Listing Obligations and Disclosure Req�irements) Regulations, 2015 and the circulars issued by the MCA and SEBI, the 39th AGM is being conducted through VC.

The Chairman than introduced the Board of Directors of the Company to the Shareholders who also had joined the Meeting from different locations through VC.

Presence of the Directors including Shri J. N. Godbole, Chairman of the Audit Committee and Nomination & Remuneration Committee was recorded.

The Chairman informed the Shareholders that Shri H. M. Marda, Chairman of the Stakeholders Relationship Committee could not attend the Meeting. He has authorized Shri Vivek Chawla,

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Whole-time Director & Chief Executive Officer (CEO), and also a Member of the Stakeholders Relationship Committee to represent the Committee on his behalf at the AGM.

The representatives of M/s. Agrawal Subodh & Co., Statutory Auditors and M/s. MKB & Associates, Secretarial Auditors of the Company also joined the meeting through VC.

Shri Aditya V. Agarwal, then addressed the Meeting and also briefed the Shareholders on the operational and financial performance of the Company for the financial year ended 31st March, 2021 and Industry Outlook including the CSR activities carried out by the Company during the year. He conveyed his thanks to the Shareholders, his colleagues in the Board and the management team of Emami Paper.

He informed that the Notice of the 39th AGM and the Annual Report for the year 2020-21 has already been sent to the Shareholders through email and that the documents referred in the Notice and Explanatory statement and the Register of Directors & KMPs and Register of contacts or Arrangements also have been made available for inspection electronically during the course of theAGM.

Since the Notice convening this Annual General Meeting and Annual Report for FY 2020-21 had already been circulated to all the Shareholders, the same were taken as read with the consent of the Shareholders.

The Chairman informed the Shareholders that as there were no qualifications, observations or comments in the Statutory Auditor's Report of the Company, the same are not required to be read out.

At the request of the Chairman, Shri Debendra Banthiya, Company Secretary than informed the Shafeholders about the resolutions proposed at the AGM. He informed the Shareholders that the facility of remote e-voting for the Shareholders was made available from 23.08.2021 (Monday) at 9.00 a.m. (1ST) and ended on 26.08.2021 (Thursday) at 05.00 p.m. (1ST). Thereafter, he read out the Ordinary & Special business items as set out in the Notice convening the AGM for the Shareholders' consideration and approval, as under:

Sr.No.	Particulars
Type of Business : Ordinary		Resolution type
1.	Adoption of Audited Financial Statements of the Company for	Ordinary
	the financial year ended 31 st March, 2021 together with the
	reports of the Board of Directors and Auditors thereon.

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2.	Declaration of dividend @ 8% p.a. i.e. Rs.8/-per Preference	Ordinary
	Share of face value of Rs.100/-each for the financial year
	2019-20 and 2020-21, respectively.
3.	Approval for re-appointment of Shri P. S. Patwari, (DIN	Ordinary
	00363356) as Executive Director, who retires by rotation and
	beinq eliqible, offers himself for re-appointment.
4.	Approval for re-appointment of Shri Aditya V. Agarwal	Ordinary
	(DIN:00149717), Executive Chairman, who retires by rotation
	and beinq
Type of Business: Special
5.	Ratification of the payment of remuneration to M/s. V. K. Jain	Ordinary
	& Co., Cost Auditors for the financial year ending 31st March,
	2022.
6.	Approval for re-appointment and payment of remuneration	Special
	of Shri Adiya V. Agarwal, (DIN 00149717) as a Whole-time
	Director, designated as "Executive Chairman" of the Company
	for a period of 3 (three) years with effect from 1 st November,
	2021.
7.	Approval for the appointment and payment of remuneration	Special
	of Shri Vivek Chawla, (DIN. 02696336) designated as Whole
	time Director and Chief Executive Director (CEO).

He further informed the Shareholders that the Resolutions need not be Proposed and Seconded by Shareholders at this Annual General Meeting.

Thereafter, Shri Aditya V. Agarwal, Chairman sought the views of the Shareholders who had regis,tered themselves as "Speaker". The queries were responded by Shri Vivek Chawla, Wholetime Director & CEO.

The Chairman than informed the Shareholders that the E-voting facility on the Central Depository Services (India) Limited ("CDSL") platform will be available for 15 minutes after the conclusion of the Meeting, to those Shareholders who have not cast their vote yet and requested them to vote.

The Chairman informed the Shareholders that Shri Sandip Kumar Kejriwal, Practicing Company Secretary (Membership No. FCS - 5152, CP No. 3821) was appointed as Scrutinizer, who is also present at the AGM, for the purpose of scrutinizing the process of remote e-voting and e-voting at AGM in fair and transparent manner.

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The Chairman further informed the Shareholders that results declared along with the consolidated Scrutinizer's Report shall be placed on the website of the Company and on the website of CDSL. The results shall simultaneously be communicated to the Stock Exchanges. In this regard, Chairman, on his behalf authorized Shri Debendra Banthiya, Company Secretary to declare the voting results along with Scrutinizer's Report and present the same to the Stock Exchanges and also upload those on the website of the Company at www.emamipaper.in and on that of CDSL at www.evotingindia.com.

The Chairman mentioned that each of the Resolutions shall be deemed to be passed at the AGM subject to receipt of requisite number of votes.

The Chairman then thanked the Shareholders present for their participation over video conference and announced formal closure of the 39th Annual General Meeting of the Company.

This document does not constitute minutes of the proceedings of the Annual General Meeting of the Company.

For Emami Paper Mills Limited,

Debendra Banthiya Company Secretary

M.No.F-7790